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Australian (ASX) Professional Services Industry Analysis

UpdatedNov 30, 2023
DataAggregated Company Financials
Companies26
  • 7D0.6%
  • 3M-5.9%
  • 1Y-17.2%
  • YTD-8.6%

The Professional Services industry has been flat over the last week, but Freelancer has lost 11%. Unfortunately though, the industry is down 17% over the past 12 months. Earnings are forecast to grow by 10.0% annually.

Industry Valuation and Performance

Has the Australian Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Nov 2023AU$26.9bAU$13.7bAU$1.2b19.4x22.2x2x
Sat, 28 Oct 2023AU$27.7bAU$13.9bAU$1.3b18.6x22.1x2x
Mon, 25 Sep 2023AU$29.0bAU$13.8bAU$1.2b18.5x23.5x2.1x
Wed, 23 Aug 2023AU$28.1bAU$13.1bAU$691.8m18.7x40.6x2.2x
Fri, 21 Jul 2023AU$28.6bAU$12.7bAU$652.8m17.8x43.8x2.2x
Sun, 18 Jun 2023AU$27.7bAU$12.7bAU$651.0m17x42.5x2.2x
Tue, 16 May 2023AU$27.2bAU$12.8bAU$652.0m16.3x41.7x2.1x
Thu, 13 Apr 2023AU$27.7bAU$12.8bAU$653.1m16.8x42.4x2.2x
Sat, 11 Mar 2023AU$12.5bAU$7.3bAU$580.8m16.7x21.5x1.7x
Mon, 06 Feb 2023AU$13.7bAU$6.7bAU$488.8m20.1x28.1x2.1x
Wed, 04 Jan 2023AU$13.0bAU$6.7bAU$489.8m19.8x26.6x2x
Fri, 02 Dec 2022AU$13.8bAU$6.7bAU$489.9m18.8x28.2x2.1x
Sun, 30 Oct 2022AU$13.5bAU$6.5bAU$416.6m18.8x32.4x2.1x
Tue, 27 Sep 2022AU$12.8bAU$6.5bAU$417.3m20.1x30.8x2x
Thu, 25 Aug 2022AU$14.4bAU$5.9bAU$320.5m30.9x44.8x2.4x
Sat, 23 Jul 2022AU$13.4bAU$5.9bAU$318.2m28.5x42x2.3x
Mon, 20 Jun 2022AU$12.0bAU$5.9bAU$317.9m25.1x37.8x2x
Wed, 18 May 2022AU$13.7bAU$5.8bAU$306.0m31.4x44.9x2.4x
Fri, 15 Apr 2022AU$14.7bAU$5.8bAU$306.3m32.8x47.9x2.5x
Sun, 13 Mar 2022AU$13.9bAU$8.0bAU$302.9m33.2x46x1.7x
Tue, 08 Feb 2022AU$11.2bAU$4.6bAU$350.7m21.1x32x2.5x
Thu, 06 Jan 2022AU$13.2bAU$4.6bAU$324.8m21.2x40.5x2.9x
Sat, 04 Dec 2021AU$12.4bAU$4.6bAU$325.8m21.6x38.2x2.7x
Mon, 01 Nov 2021AU$12.9bAU$4.4bAU$318.7m21.4x40.5x2.9x
Wed, 29 Sep 2021AU$11.9bAU$4.4bAU$344.1m20.2x34.4x2.7x
Fri, 27 Aug 2021AU$11.9bAU$4.4bAU$344.3m20.8x34.4x2.7x
Sat, 03 Jul 2021AU$11.9bAU$4.3bAU$341.2m22.6x34.8x2.7x
Tue, 06 Apr 2021AU$9.3bAU$4.2bAU$311.2m19.2x29.8x2.2x
Fri, 08 Jan 2021AU$9.2bAU$4.1bAU$236.9m16.1x38.9x2.2x
Price to Earnings Ratio

48.5x


Total Market Cap: AU$9.2bTotal Earnings: AU$189.2mTotal Revenue: AU$4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Professional Services Industry Price to Earnings3Y Average 36.2x202120222023
Current Industry PE
  • Investors are pessimistic on the Australian Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 22.2x which is lower than its 3-year average PE of 36.2x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 86% per year over the last three years.
  • Revenues for these companies have grown 50% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market-0.46%
Industrials-0.56%
Professional Services0.55%
HR Services1.62%
Research and Consulting Services-0.56%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 36.8x.
    • Analysts are expecting annual earnings growth of 10.2%, which is higher than its past year's earnings growth of 4.6% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 28.9x.
Forecasted Growth
  • Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings decline of 2.0% per year.
  • In contrast, the Research and Consulting Services industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CPU ComputershareAU$23.611.2%
+AU$156.5m
-12.5%PE21x
ALQ ALSAU$12.241.9%
+AU$111.3m
-1.0%PE22.4x
LNK Link Administration HoldingsAU$1.3717.6%
+AU$105.2m
-61.0%PS0.7x
APM APM Human Services InternationalAU$1.513.4%
+AU$45.9m
-51.8%PE12.9x
MMS McMillan ShakespeareAU$17.823.7%
+AU$44.6m
28.7%PE19.3x
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Latest News

PPE

AU$1.26

Peoplein

7D

-6.3%

1Y

-60.9%

KPG

AU$4.75

Kelly Partners Group Holdings

7D

4.2%

1Y

4.9%

AQN

AU$0.17

Aquirian

7D

-10.3%

1Y

-50.0%

IPH

AU$6.83

IPH

7D

2.1%

1Y

-23.5%

SOP

AU$0.16

Synertec

7D

-5.9%

1Y

-13.5%

APM

AU$1.51

APM Human Services International

7D

3.4%

1Y

-51.8%

MMS

AU$17.82

McMillan Shakespeare

7D

3.7%

1Y

28.7%

OXT

AU$0.032

Orexplore Technologies

7D

-13.5%

1Y

-64.8%

AMX

AU$0.26

Aerometrex

7D

-5.5%

1Y

-36.6%

FLN

AU$0.21

Freelancer

7D

-10.6%

1Y

-28.8%

LNK

AU$1.37

Link Administration Holdings

7D

17.6%

1Y

-61.0%

ASH

AU$0.38

Ashley Services Group

7D

-2.6%

1Y

-47.2%

RTH

AU$0.85

RAS Technology Holdings

7D

-9.1%

1Y

51.8%

SIQ

AU$8.60

Smartgroup

7D

0.8%

1Y

79.2%